 |
 |
Links
|
|
Banking - South Korea
A good number of foreign and national banks provide services throughout
South Korea. The bank timings are usually from 9.30 am - 4.30 pm hrs
from Monday through Friday.
The foreign banks functioning in South Korea includes:
• ABN AMRO,
• Bank of America,
• Bank of Tokyo-Mitsubishi UFJ,
• Citibank,
• Deutsche Bank,
• The Hong Kong and Shanghai Banking Corporation,
• Mizuho Corporate Bank,
• SC First Bank.
List of nationwide and government owned banks:
• Bank of Korea,
• Shinhan Bank,
• Hana Bank
• Korea Exchange Bank
• Kookmin Bank
• Woori Bank
• Korea Development Bank
• Pusan Bank
• Jeonbuk Bank
• Gwangju Bank
• Kyeongnam Bank
• Jeju Bank
• Export-Import Bank of Korea
• Kiup Bank, or Industrial Bank of Korea
• National Federation of Fisheries Cooperatives , or Suhyup
ATM & Credit Cards
There are numerous automatic teller machines (ATM) installed throughout
the country. Using domestic cards on Korean banks are available
everywhere. However, using American, Canadian, Japanese or other foreign
ATM cards, credit cards, or debit cards will be little difficult. You
can get a cash advance on any MasterCard, Visa or any other major
international credit card from any bank, but you cannot get a cash
advance on a debit card. In order to withdraw money from an ATM in
Korea, you must use an ATM machine that says Global Service and the
Visa, MasterCard and other credit card logos. If you just see the Credit
Card logos but no Global Service sign, you will perhaps not be able to
withdraw cash.
Testimonials
Traveling
the world has been a life long dream of mine. When this opportunity
was presented to me by an advisor at my university, I knew it was
what I was looking for!
